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Determining Missing Items in Return Computation One item is omitted from each of the following computations of the return on investment: Rate of Return on
Determining Missing Items in Return Computation
One item is omitted from each of the following computations of the return on investment:
Rate of Return on Investment | = | Profit Margin | x | Investment Turnover | |||
26 % | = | 10 % | x | (a) | |||
(b) | = | 24 % | x | 0.75 | |||
30 % | = | (c) | x | 1.5 | |||
16 % | = | 20 % | x | (d) | |||
(e) | = | 15 % | x | 1.6 |
Determine the missing items identified by the letters as shown above. If required, round your answers to two decimal places.
(a) | |
(b) | % |
(c) | % |
(d) | |
(e) | % |
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